Wal-Mart Raises Wages: Good Public Relations or Good Business?
Wal-Mart implements "pay increases" for associates from Wal-Mart Website. I don't know why Wal-Mart would make this a press release except that it is a nice Public Relations move against their ongoing bad press around labor practices. I'm sure they are trying to stave off the kind of big box minimum wage increases that the Chicago City Council aimed right at them. It should be interesting to see if this works. As a shareholder, I think that paying employees more means better quality workers and better local relations. I hope this is more than just.